Saudi Arabia-based Hamad Bin Abdulaziz Almousa Trading Group has signed a management agreement with Hilton Worldwide for the first Doubletree by Hilton in the kingdom. Located in Al Khobar, the hotel will feature 244 guest rooms and 60 suites, as well as four food and beverage outlets, a lobby lounge and a juice and snack bar, banqueting and meetings facilities, a business centre, a health club and a swimming pool. The new Doubletree by Hilton - Al Khobar is set to open in the fourth quarter of 2012.